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Rapid growth of enterprises in Ningbo Meishan Free Trade Zone

According to Beilun industrial and commercial administrative department, Ningbo Meishan Free Trade Zone has 1,024 enterprises, whose registered capital totaling 1.06 billion yuan. These enterprises are engaged in such businesses as construction, real property, trade, logistic, investment management, electronic products, petrol and coal. There are 163 companies whose registered capital each reaches 10 million yuan.

Meishan Island has superb coastal resources. The coastal line is 22.5 km long, with the greatest depth reaching 22 meters. With these conditions, the island is perfect for deep-water wharfs. The Meishan Port is 15 km long, 5 meters wide and 9 meters deep. The port has perfect coastal resources and deepwater berths for any large container ships in the world.

At present, Port of Ningbo navigates to over 600 ports in over 100 countries and regions. The annual cargo-handling capacity reaches 345 million tons, ranking the 2nd in Mainland China. The containers it handles in a year amounts to 9,350,000 TEUs, ranking the 4th in China. With the rapid integration of Ningbo-Zhoushan Port, the port of Ningbo is expanding its services and its cargo-handling capacity. This is a solid foundation for the development of the enterprises in Ningbo Meishan Free Trade Zone.

Thanks to the perfect resources and infrastructural facilities, a large number of enterprises are settled in the zone. So far, the zone has 21 enterprises whose registered capital each reaches over 100 million yuan. A number of enterprises of logistic services, shipping and raw materials have chosen Meishan. Statistics show that Meishan has 9 raw materials enterprises whose registered capital each is above 50 million yuan.

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